UNDERSTANDING ECONOMICS, 12E INTERNATIONAL EDITION, long considered the leading "public choice" book, has been updated to include even more engaging elements that stimulate interest and learning by making economics come alive. This new edition reflects current market conditions, helping students apply principles to the world around them. You'll find analysis and explanation of measures of economic activity applied to today's market, plus text highlighting the lives and contributions of notable economists. Common economic myths are dispelled, and the "invisible hand" metaphor is applied to economic theory, demonstrating how it works to stimulate the economy. This 12th edition includes new technology features such as "John Stossel in the Classroom", using his "20/20" segments to spark thoughtful, curriculum-driven class discussions; a robust set of online multimedia learning tools designed to support your classroom work; CengageNow, an online product giving students a personalized learning path based on their...